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Ten of the 11 S&P 500 sectors are trading higher on Tuesday, with energy (XL) the lone laggard as crude prices fall following multiple reports that the US plans to sell more oil the Strategic Petroleum Reserve this week.
Stocks have given up some of their strong early gains while oil and other commodities tumble as the 10-year Treasury yield climbs back above 4% and the dollar strengthens.
WTI crude oil (CL1:COM) for delivery in November
